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SCL - SACOIL Holdings Limited - Appointment of UK joint broker

Release Date: 25/05/2011 08:00:05      Code(s): SCL
SCL - SACOIL Holdings Limited - Appointment of UK joint broker                  
SACOIL HOLDINGS LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
JSE share code: SCL                                                             
AIM share code: SAC                                                             
ISIN: ZAE0000127460                                                             
("SacOil" or "the Company")                                                     
APPOINTMENT OF UK JOINT BROKER                                                  
SacOil is pleased to announce the appointment of Shore Capital Stockbrokers     
Limited ("Shore Capital") as the Company`s joint broker in the UK with immediate
Robin Vela, Chief Executive Officer said:                                       
"Shore Capital has a strong trading presence in the London market and will help 
develop the liquidity of our shares on the AIM Market. We also look forward to  
the quality research coverage they will provide on the Company."                
For further information, please contact:                                        
Standard Bank (Sponsor)                                                         
finnCap Limited (Nominated Adviser and Joint Broker)                            
Matthew Robinson/Ed Frisby                                                      
Tel: +44 (0) 20 7600 1658                                                       
Shore Capital Stockbrokers Limited (Joint Broker)                               
Jerry Keen/Dru Danford/Toby Gibbs                                               
Tel: +44 (0) 20 7408 4090                                                       
Deneys Reitz Inc. (Corporate legal adviser)                                     
Tavistock (Public Relations UK)                                                 
Edward Portman / Jos Simson                                                     
Tel: +44 (0) 20 7920 3150                                                       
The Riverbed Agency (Public Relations SA)                                       
Raphala Mogase/Bongiwe Moeli                                                    
Tel: +27 (0) 11 783 7903                                                        
Date: 25/05/2011 08:00:05 Supplied by www.sharenet.co.za                     
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